Vancouver

Vancouver’s housing market operates in a league of its own, where million-dollar teardowns and bidding wars have become as much a part of the city’s identity as the North Shore mountains. While other BC communities wrestle with affordability, Vancouver has transcended into territory where equity-rich homeowners sit on properties worth more than entire portfolios elsewhere.

The numbers tell a story that mortgage professionals know well: with only 14.7% single-detached homes in a city of over 660,000 people, Vancouver has become a vertical city where condos and apartments dominate the landscape. This density creates unique lending scenarios where a modest apartment can carry the same value as a luxury home in smaller BC markets.

Vancouver’s economy runs on professional services, healthcare, and education — the kind of stable, high-income sectors that create borrowers with complex financial situations. When tech executives, film industry professionals, and international business owners need creative financing solutions, they’re often dealing with income structures that don’t fit traditional lending boxes.

The city’s Zone 9a climate means residents can grow palm trees and enjoy year-round outdoor activities, contributing to lifestyle appeal that keeps property values resilient even during market corrections. This isn’t just weather — it’s economic insulation that protects real estate investments.

Tekamar’s maximum LTV in Vancouver is 0.0%, reflecting our focus on communities where other MICs don’t venture. Vancouver’s market depth means borrowers here have access to numerous lending options through major banks, credit unions, and private lenders who specialize in high-value urban properties.

For mortgage brokers working with Vancouver clients, we’re the referral partner for when those same clients own secondary properties, recreational land, or investment opportunities in the smaller BC communities where Tekamar thrives.